Tender

OGA Financial Due Diligence Guidance Update

OIL AND GAS AUTHORITY

This public procurement record has 1 release in its history.

Tender

27 Feb 2017 at 14:15

Tender Notice
Summary of the contracting process

The Oil and Gas Authority is seeking a contractor to update their Financial Due Diligence Guidance, which is critical for effective licensing decisions within the gas and oil industries in the UK. This tender, titled "OGA Financial Due Diligence Guidance Update," is currently in the tender stage and is set to close on 10th March 2017 at 2 PM. The project has a budget of £49,000, and the contract period will commence on 20th March 2017, concluding on 21st April 2017. The location for the delivery of services is London, and the procurement method is an open procedure.

This opportunity presents a significant prospect for businesses specialising in professional services related to the gas and oil sectors. Companies with expertise in regulatory compliance, financial analysis, and process documentation would be particularly well-suited to compete for this contract. Additionally, small and medium-sized enterprises (SMEs) are encouraged to participate, which can foster innovative solutions and fresh perspectives in developing the required guidance.

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Notice Information

Notice Title

OGA Financial Due Diligence Guidance Update

Notice Description

The OGA feel that it is appropriate to develop new financial guidance that is fit for purpose and enables the OGA to make effective licensing decisions in its role as regulator. The OGA require a contractor to develop, in close collaboration with the OGA, and produce the following documents: * An updated draft of the external guidance to Licensees on which data the OGA requires and how the OGA will use these data through the due diligence process. This should cover each Licence event for which the OGA performs due diligence and be capable of being applied to all main funding models currently deployed and under consideration in the UKCS. * Internal guidance in the form of desk notes outlining the procedure which OGA staff will follow when performing due diligence, in each of the scenarios outlined above. Additional information: Tender closes 10th March 2017 2pm

Notice Details

Publication & Lifecycle

Open Contracting ID
ocds-b5fd17-f9d2e125-3c5e-4668-8f79-f1bac14e3933
Publication Source
Contracts Finder
Latest Notice
https://www.contractsfinder.service.gov.uk/Notice/bc991d1d-6e73-4ebf-9c30-f13d232a2fa2
Current Stage
Tender
All Stages
Tender

Procurement Classification

Notice Type
Tender Notice
Procurement Type
Standard
Procurement Category
Services
Procurement Method
Open
Procurement Method Details
Open procedure
Tender Suitability
SME
Awardee Scale
Not specified

Common Procurement Vocabulary (CPV)

CPV Divisions

76 - Services related to the oil and gas industry

CPV Codes

76100000 - Professional services for the gas industry

76200000 - Professional services for the oil industry

Notice Value(s)

Tender Value
£49,000 Under £100K
Lots Value
Not specified
Awards Value
Not specified
Contracts Value
Not specified

Notice Dates

Publication Date
27 Feb 20178 years ago
Submission Deadline
10 Mar 2017Expired
Future Notice Date
Not specified
Award Date
Not specified
Contract Period
20 Mar 2017 - 21 Apr 2017 1-6 months
Recurrence
Not specified

Notice Status

Tender Status
Active
Lots Status
Not Specified
Awards Status
Not Specified
Contracts Status
Not Specified

Buyer & Supplier

Contracting Authority (Buyer)

Main Buyer
OIL AND GAS AUTHORITY
Contact Name
Available with D3 Tenders Premium →
Contact Email
Available with D3 Tenders Premium →
Contact Phone
Available with D3 Tenders Premium →

Buyer Location

Locality
LONDON
Postcode
WC1B 3HF
Post Town
Central London
Country
England
Major Region (ITL 1)
TLI London
Basic Region (ITL 2)
TLI3 Inner London - West
Small Region (ITL 3)
TLI36 Camden
Delivery Location
TLI London
Local Authority
Camden
Electoral Ward
Bloomsbury
Westminster Constituency
Holborn and St Pancras

Further Information

Open Contracting Data Standard (OCDS)

View full OCDS Record for this contracting process

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The Open Contracting Data Standard (OCDS) is a framework designed to increase transparency and access to public procurement data in the public sector. It is widely used by governments and organisations worldwide to report on procurement processes and contracts. 

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